October 29, 2021
Record result
EBITDA up 160%1 vs Q3 2020
- Higher prices on solid wood, pulp and kraftliner
- Stable cost base
- Negative currency effects
- Maintenance stops
Net sales up 17% vs Q3 2020
- Price/mix 44%, volume 3%
- Exit publication paper -16%, divestment Wood Supply UK -11%, currency -3%
Investment in JV with St1 to produce and develop biofuels
Kraftliner and CTMP expansion projects on time and budget
1. Effect of one-off items related to discontinuation of publication paper excluded in Q3 2020 | 3 |
EBITDA (SEKm) | Industrial ROCE 1 | EBITDA development (SEKm) | |||||||
2,684 | 25% | +160% | |||||||
2,684 | |||||||||
2,260 | |||||||||
53% | |||||||||
47% | |||||||||
EBITDA margin | Net debt/EBITDA | 1,364 | 1,451 | 1,359 | |||||
53% | 1.0x | 24% | 24% | 33% | |||||
1,055 | 1,030 | 1,001 | 1,032 | 32% | |||||
27% | |||||||||
21% | 21% | ||||||||
Q3 '19 | Q4 '19 | Q1 '20 | Q2 '20 | Q3 '20 | Q4 '20 | Q1 '21 | Q2 '21 | Q3 '21 |
1. LTM | 4 |
Note: EBITDA excluding effects from changed accounting method for valuation of forest assets in Q4 2019.
Effect of one-off items related to discontinuation of publication paper excluded in Q3 2020 and Q4 2020.
Net sales (SEKm) | EBITDA (SEKm) | EBITDA margin | |||||||
0% | |||||||||
-3% | |||||||||
1,500 | 1,455 | 515 | 516 | 34.3% | 35.5% |
Q3 2020 | Q3 2021 | Q3 2020 | Q3 2021 | Q3 2020 | Q3 2021 |
Price development - Pulpwood and Sawlogs
110
100
90
80
Q3 '19 | Q4 '19 | Q1 '20 | Q2 '20 | Q3 '20 | Q4 '20 | Q1 '21 | Q2 '21 | Q3 '21 |
Pulpwood Sawlogs
Stable wood supply to industries
EBITDA in line with Q3 2020
- Higher revaluation of biological assets - Lower harvesting level of own forest
5
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SCA - Svenska Cellulosa AB published this content on 29 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 October 2021 06:47:02 UTC.